Beijing Teddy Mobile Technology Co., Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Beijing Teddy Mobile Technology Co., Ltd. - overview

Established

2014

Location

Beijing, -, China

Primary Industry

Telecoms

About

Beijing Teddy Mobile Technology Co. , Ltd. is a telecommunications company focused on delivering innovative mobile devices and integrated communication platforms that enhance connectivity and efficiency for both individuals and businesses. Founded in 2014 in Beijing, China, Beijing Teddy Mobile Technology Co.


, Ltd. specializes in telecommunications solutions. The company has engaged in 4 total deals, with the most recent funding round being Series C, where it raised CNY 188. 000 mn on February 22, 2021, led by Huagai Capital with multiple investors including 10Fund and Genimous Investment.


The CEO and founder, Yanbei Jiang, has a history of involvement in the tech sector, although further details on prior ventures are not provided. Teddy Mobile specializes in providing innovative telecommunications solutions designed to enhance connectivity and communication efficiency. The company’s core offerings include a range of mobile devices, applications, and integrated communication platforms aimed at both individuals and businesses. These products serve to address common connectivity challenges, facilitating seamless communications whether for personal use or within corporate environments.


Teddy Mobile’s products are strategically aimed at urban markets across Asia and Europe, targeting tech-savvy consumers and small to medium-sized enterprises seeking reliable and advanced communication tools. The company emphasizes user-friendly interfaces and robust functionality, catering to a diverse client base that values both performance and affordability. Teddy Mobile generates revenue through a combination of direct-to-consumer sales and B2B partnerships. The company operates on a transaction structure that includes product sales through retail channels as well as business subscriptions for its integrated communication platforms.


Customers typically engage in one-time purchases of mobile devices or opt for subscription models that provide ongoing access to premium features within their applications. Pricing for individual devices is set competitively within the market, while subscription fees vary based on the level of service and features selected. The company's flagship products and unique service offerings have positioned it to capture a significant share of the telecommunications market, reinforcing its revenue streams through both consumer demand and enterprise solutions. In February 2021, Beijing Teddy Mobile Technology Co.


, Ltd. raised Series D1 funding from Xiaomi Group and Kinzon Capital, although financial terms were not disclosed. The recent funding is expected to support the development and launch of new products aimed at enhancing user experience. Plans for expansion include targeting new markets across Asia and Europe, with specific strategies to increase presence by the end of 2022.


The company aims to leverage its innovative product design and strategic partnerships to penetrate these regions effectively.


Current Investors

Shangshi Fund, 10Fund, Fosun Capital

Primary Industry

Telecoms

Sub Industries

Consumer Services, Telecoms Providers & Services

Website

www.teddymobile.cn

Verticals

Mobile Apps, Social Media

Company Stage

Series D

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.